Bain, 3Com, Huawei: That Shoe Should Have Dropped by Now
In early October Bain Capital submitted their acquisition of 3Com to review by the Committee on Foreign Investment in the United States (CFIUS). The Organization for International Investment explains the review process:
After a transaction has been filed, CFIUS conducts an initial review, utilizing the full intelligence and national security infrastructure of the U.S. government, [...]
Cisco in China: I’d Like to Put US$16 Billion on Red, Please
Shanghai Daily reports that Cisco is planning to invest US$16 billion in China over the next three to five years.
Some details:
- A memorandum of understanding with Alibaba to promote networking services for SMBs
- A doubling of China-based manufacturing
- A joint US$100 million investment with China Development Bank for venture capital for Chinese businesses
- Training and [...]
Review: 3Com’s 8-K Filing for the Bain & Huawei Acquisition
The filing is meant to address the national security concerns over the acquisition of a minority stake in 3Com by a Chinese firm, Huawei. It certainly succeeds. The document is clearly and concisely written and rather pointed in dismissing the hysteria. However, reading a little deeper into it reveals a more subtle [...]
Roundup Ready: 3Com, Huawei, Bain, Republicans, and Romney
A roundup of the latest news on the 3Com, Bain Capital, Huawei deal.
3Com: To boldly follow where others have been before
3Com expects to become profitable in four years. Their CFO was quoted in Shanghai Daily:
The company will earn a profit “around” 2011 as sales rise about 60 percent from last year to US$2 billion, [...]
Huawei Takes a Minority Stake in 3Com Acquisition: Forecast Calls for Hot Air
Computerworld reports:
3Com Corp. announced on Friday that it has agreed to be acquired by a unit of investment firm Bain Capital LLC in a $2.2 billion deal that will also result in an affiliate of former joint venture partner Huawei Technologies Co. taking a minority stake in 3Com.
In addition, 3Com said China-based Shenzhen Huawei Investment [...]
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